Transat AT Total Risk Alpha
| TRZ Stock | | | CAD 2.29 -0.04 -1.72% |
Transat AT total risk alpha lookup summarizes this and related technical indicators for Transat AT. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Transat AT has a market cap of 92.89 M, operating margin of -2.18%, ROE of -8.5%. Use
World Market Map to explore allocation context. This includes a position in Transat AT within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Transat AT has current Total Risk Alpha of
-0.0022. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.0022 | |
| ER[a] | = | Expected return on investing in Transat AT |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Transat AT |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Transat AT Total Risk Alpha Peers Comparison
Transat Total Risk Alpha Relative To Other Indicators
Transat AT is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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